Axos Financial Stock Forecast - Period Momentum Indicator
| AX Stock | USD 57.09 0.62 1.07% |
Axos Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Axos Financial stock prices and determine the direction of Axos Financial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Axos Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Axos Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Axos Financial's systematic risk associated with finding meaningful patterns of Axos Financial fundamentals over time.
Check out Historical Fundamental Analysis of Axos Financial to cross-verify your projections. Axos |
Open Interest Against 2024-06-21 Axos Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Axos Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Axos Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Axos Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Axos Financial's open interest, investors have to compare it to Axos Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Axos Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Axos. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Axos Financial cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Axos Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Axos Financial's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Check Axos Financial Volatility | Backtest Axos Financial | Trend Details |
Axos Financial Trading Date Momentum
| On February 20 2024 Axos Financial was traded for 53.13 at the closing time. The highest price during the trading period was 53.48 and the lowest recorded bid was listed for 52.59 . The volume for the day was 405.2 K. This history from February 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.67% . The overall trading delta to the current price is 2.33% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Axos Financial to competition |
Other Forecasting Options for Axos Financial
For every potential investor in Axos, whether a beginner or expert, Axos Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Axos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Axos. Basic forecasting techniques help filter out the noise by identifying Axos Financial's price trends.Axos Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Axos Financial stock to make a market-neutral strategy. Peer analysis of Axos Financial could also be used in its relative valuation, which is a method of valuing Axos Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Axos Financial Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Axos Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Axos Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Axos Financial Market Strength Events
Market strength indicators help investors to evaluate how Axos Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axos Financial shares will generate the highest return on investment. By undertsting and applying Axos Financial stock market strength indicators, traders can identify Axos Financial entry and exit signals to maximize returns.
| Accumulation Distribution | 15992.29 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 57.49 | |||
| Day Typical Price | 57.36 | |||
| Price Action Indicator | (0.71) | |||
| Period Momentum Indicator | (0.62) | |||
| Relative Strength Index | 72.06 |
Axos Financial Risk Indicators
The analysis of Axos Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Axos Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting axos stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.51 | |||
| Semi Deviation | 1.67 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.74 | |||
| Downside Variance | 3.46 | |||
| Semi Variance | 2.79 | |||
| Expected Short fall | (1.63) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| GM | General Motors | |
| CRM | Salesforce |
Check out Historical Fundamental Analysis of Axos Financial to cross-verify your projections. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Axos Stock analysis
When running Axos Financial's price analysis, check to measure Axos Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
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Is Axos Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axos Financial. If investors know Axos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axos Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.447 | Earnings Share 7.32 | Revenue Per Share 17.291 | Quarterly Revenue Growth 0.279 | Return On Assets 0.0204 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.